New York airports are receiving more than $440 million in federal funding as part of CARES Act relief.
The Federal Aviation Administration allocated the funds, awarding nearly $13 million to Syracuse Hancock International Airport, and $69,000 to Griffiss International Airport in Rome.
“This federal funding will offset the devastating financial impacts of COVID-19 on travel hubs throughout the state and allow New York airports to continue to work on essential services, like airport safety, and most importantly, will help New York airports have the tools they need to properly rebuild after the crisis is over,” said Sen. Chuck Schumer, who fought for airport funding to be included in the CARES Act.
The CARES Act provides funds to increase the federal share to 100% for the Airport Improvement Program and other grants already planned for 2020.
The additional funding and elimination of the local share will allow for projects to continue as planned, despite the current financial impact of coronavirus on airports.
“New Yorkers are already feeling the devastating economic impact of COVID-19, and this funding from the CARES Act is a promising step toward restoring business, tourism, and mobility. I will always fight for resources that help our communities grow and thrive,” said Sen. Kirsten Gillibrand, who also supported the bill.
The FAA plans to begin releasing funding this month.